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Composition and commitment of the board – the nomination committee should evaluate whether the size of the board is conductive to making appropriate decisions. On the other hand, the board should be large enough to incorporate a variety of perspectives and skills, and to represent the best interests of the company as a whole. However, it should not be so large that effective decision making in hindered. To ensure board members devote the necessary time to the tasks entrusted to them, the nomination committee should regularly review the time required from a non-executive director, and whether directors are meeting the requirement. Directors should consider the number and nature of their other directorships to ensure they will have sufficient time to meet what is expected of them.
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